Identify a true statement about foreign licensing.
A) It is the costliest form of direct investment.
B) It is one of the means to seek foreign suppliers.
C) It is especially common in the food and beverage industry.
D) It is the most basic level of international market development.

Question

Quizplus · Accepted Answer

Foreign licensing is common in the food and beverage industry as it allows companies to expand their brand and products internationally without the need for direct investment in foreign markets.

Identify a True Statement About Foreign Licensing